XRP is showing strong signs of a potential breakout after months of price consolidation, according to crypto market analysts. As the token remains range-bound between $2.00 and $2.40, traders and investors are eyeing a major move that could reshape its mid-term outlook.
Consolidation Phase Nearing Its End
Over the last 90 days, XRP has traded sideways, unable to surpass the critical resistance near $2.40. Despite multiple attempts, bulls have failed to establish a clear breakout above this level. However, technical analysis suggests that the long-term symmetrical triangle forming on the monthly chart may be nearing completion.
“XRP breakout is coming,” said analyst Egrag Crypto, highlighting that such patterns usually resolve between 75% and 95% of their duration.
With XRP consolidating for 334 days within the triangle, a breakout could occur between early July (251 days) and mid-September (317 days) 2025, based on historical chart behavior.
Key Resistance Levels to Watch
The price recently bounced from a local low of $1.91 and surged 15% to reach $2.21. But to unlock further upside potential, XRP must close above $2.22 (100-day SMA) and $2.40 (200-day SMA).
A confirmed break and hold above $2.40 would pave the way toward $3.00 and potentially retest the multi-year high of $3.40, last seen in January.
Additionally, macro retracement levels highlight $2.25 and $2.69 as significant resistance zones. Clearing these with volume would signal a true trend reversal, not just a local bounce, according to analyst CasiTrades.
Analysts Set Bold Targets
Several analysts remain bullish. Egrag Crypto’s Fibonacci projections place price targets between $8 and $27, assuming a sustained breakout. DustyBC Crypto called XRP under $2 “incredibly cheap,” urging investors to watch the next 6 months. Meanwhile, Mikybull Crypto likened the current structure to XRP’s 2017 rally, projecting a potential move to $14.
Outlook: A Breakout Summer?
XRP’s symmetrical triangle suggests that the next major move is imminent, likely between July and mid-September 2025. The combination of historical patterns, rising bullish momentum, and failed bearish attempts to break lower all point to growing upside potential.
A breakout above $2.40 could be the catalyst for XRP’s next parabolic run, provided macro and regulatory headwinds remain stable.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.